Stock fact sheet · data as of
Sirius XM Holdings Inc. (SIRI): fair value, margin of safety and Wheel Score
Ticker symbol SIRI · Communication Services · Broadcasting · United States · Value
Is SIRI undervalued?
SIRI has a margin of safety of 58%: the stock closed at 33.40 on 5 Nov 2026 against a GLS average fair value of 79.67. 6 of the 9 valuation models that produced a number sit above the price. Our scans treat a discount this large as a strong starting point for a cash-secured put, not as a verdict - the fair value is a model output, and a wide gap can mean the models are missing something the market knows.
There is a wide gap between DDM (15.89) and Payback Time (183.43). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
Ranked against every other company we cover, SIRI is clearly cheaper than it is fast-growing, so the nightly engine files it under Value (value score 73, growth score 44, out of 100).
Nine valuation models for SIRI
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 24.57 | -26% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 46.54 | +39% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 99.93 | +199% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 39.75 | +19% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 156.30 | +368% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 120.92 | +262% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 183.43 | +449% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 15.89 | -52% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 29.67 | -11% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -43.32 | -230% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 38.17 | +14% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Sirius XM Holdings Inc. scores 8 of 9 on the Piotroski F-score, the nine yes/no tests of profitability, leverage and efficiency on the latest annual accounts - a strong reading that passes the "Piotroski 6 or more" Wheel Trade Filter with room to spare. On durability SIRI scores 7.0/10 on the GLS Moat - a middle reading; the Moat Score tab on the Quote page's Financials view shows which of the four parts hold it back.
Returns on capital are thin or negative - ROIC 3.8%, ROE 7.0%, ROA 3.0% - with debt at 0.84 times equity and a free-cash-flow yield of 14.1%.
The dividend yield is 3.23% at a payout ratio of 40%; for a wheel trader holding assigned shares the dividend adds to the covered-call premium, and the ex-dividend date is worth knowing before a call is sold. Revenue comes mainly from Subscription and Circulation 77%, Advertising 22%, Other Revenue 2% (quarter Q3 FY2026).
Institutional ownership scores 10/10, insider activity 10/10 and Congressional trading 5/10 on the GLS smart-money scales; the last recorded insider buy was on 3 Nov 2026.
| Piotroski F-score | 8 / 9 | ROIC | 3.8% |
|---|---|---|---|
| GLS Moat | 7.0 / 10 | ROE | 7.0% |
| Debt / equity | 0.84 | ROA | 3.0% |
| Free-cash-flow yield | 14.1% | Payout ratio | 40% |
| Institutions | 10 / 10 | Insiders · Congress | 10 · 5 / 10 |
Wheel Score 60: Fair
A Wheel Score of 60 keeps Sirius XM Holdings Inc. under 70, the mark only a stock that passes all 9 Wheel Trade Filters can reach: it fails filter 5, can repay its debt - 4.6 years to repay its debt (over 3). The parts: value strong, premium strong, moat good, health strong, red flags good, option trading strong, stability good.
Implied volatility is 35% on the near-the-money contracts 20-60 days out - inside the 35-60% sweet spot the Wheel Score rewards most: enough premium to be worth selling, not so much that the risk is unpaid. The option chain is deep: 170,023 contracts of open interest across all expiries, which means tight fills at most strikes.
Volume runs at 10.1M shares a day on a market cap of $11.2B, with a beta of 0.98; the Stability part of the Wheel Score rates that good.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Passes | Listed options with 1,000+ contracts of open interest and 100+ traded a day |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Passes | Trading below the nine-model average fair value (margin of safety above 0) |
| 4 | Financially healthy | Passes | Piotroski F-score 6 or more out of 9 (a company with no score on file passes) |
| 5 | Can repay its debt | Fails | 4.6 years to repay its debt (over 3) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Passes | Implied volatility 25-80% (enough premium, not a lottery ticket) |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Strong | 58% below fair value | |
| Premium | Strong | implied volatility 35% | |
| Moat | Good | moat 7.0/10 | |
| Health | Strong | Piotroski 8/9 | |
| Red Flags | Good | Red Flags score 80/100 | |
| Option trading | Strong | 50,326 contracts a day, 170,023 open interest | |
| Stability | Good | beta 0.98, $11.2B company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for SIRI in the nightly calendar. The shares go ex-dividend on 6 Nov 2026 (0.2700 per share), so a covered call sold before then carries a small early-assignment risk around that date.
No analyst upgrades or downgrades were recorded in the last 30 days.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Broadcasting
The 12 companies below are the closest to Sirius XM Holdings Inc. by market cap within the Broadcasting industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| NXST Nexstar Media Group, Inc. | 185.12 | 190.34 | +3% | 34Weak | $5.7B |
| IHRTB iHeartMedia, Inc. | 4.00 | 10.30 | +61% | 25No options | $1.5B |
| SBGI Sinclair, Inc. | 14.10 | 51.98 | +73% | 48Weak | $1.0B |
| FUBO fuboTV Inc. | 8.23 | - | - | 18Weak | $924M |
| NMAX Newsmax, Inc. | 8.14 | 0.1497 | -5336% | 25Weak | $732M |
| EVC Entravision Communications | 7.28 | 3.11 | -134% | 25Weak | $672M |
| GTN Gray Media, Inc. | 4.98 | 29.09 | +83% | 45Weak | $513M |
| IHRT iHeartMedia, Inc. | 2.05 | 10.18 | +80% | 22Weak | $274M |
| SSP The E.W. Scripps Company | 2.88 | - | - | 19Weak | $233M |
| CURI CuriosityStream Inc. | 2.66 | 0.8781 | -203% | 17Weak | $158M |
| MDIA MediaCo Holding Inc. | 0.9702 | 0.1394 | -596% | 14No options | $76M |
| SGA Saga Communications, Inc. | 7.84 | 16.04 | +51% | 31No options | $50M |
⚖ Compare SIRI with 7 of them All Communication Services stocks →
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A free GLS Equity account gets you nightly fair value and the Wheel Score on ~7,400 US stocks, a watchlist, the scanner preview and the Sunday Scan - the top 10 stocks that pass all 9 Wheel Trade Filters, emailed every week. Pro adds the full put and call scanners, unlimited watchlists with alerts and the trade journal.
Start free See the Sunday ScanQuestions about SIRI
Is SIRI undervalued right now?
By the GLS models, yes: at 33.40 the stock is 58% below the average fair value of 79.67 (data as of 5 Nov 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of SIRI and what does it mean?
SIRI scores 60 out of 100 (Fair) - it fails Wheel Trade Filter 5. The Wheel Score ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned - in two parts: the 9 pass/fail Wheel Trade Filters (busy options, a real business, below fair value, Piotroski 6 or more, debt it can repay, a Red Flags score of 60 or more, implied volatility of 25-80%, a $1 billion company, $5 a share) and a ranking of how strongly a stock passes on value, premium, moat, health, red flags, option trading and stability. A stock that fails any filter stays under 70; 70-84 is Good, 85 and above is Prime. The Sunday Scan is the top 10 that pass, sorted by Wheel Score.
What is the GLS fair value for SIRI?
79.67 per share as of 5 Nov 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Sirius XM Holdings Inc. report earnings next?
No upcoming earnings date is recorded for SIRI in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.
Does SIRI have listed options, and how liquid are they?
Yes. The nightly snapshot found 382 listed contracts with 170,023 open interest across all expiries and implied volatility of 35% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.